MAOCARO

Question

MAOCARO

23 Jan 2022

Answer :

Word Count : 409

The full form of 'MAOCARO' is Manufacturing And Other Companies (Auditors Report) Order.

MAOCARO (Manufacturing And Other Companies Auditors' Report Order) was introduced in 1975, the amended MAOCARO was brought in 1988 (after 13 Years). Applicability of CARO came in 2003 i.e after 15 Years of amended MAOCARO. Now, new Avtar of CARO in 2020 again after 17 years from CARO introduction. Whatever be the reason for odd number series, one thing is very clear that role of Internal Audit has ______ ______ ________ _______ _________.
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